Market Overview

Global Artificial Organs and Bionic Implants Market Analysis, Growth, Trends & Forecasts 2018-2023, With an Expected CAGR of 9.5% -


The "Global
Artificial Organs and Bionic Implants Market - Segmented by Product and
Geography - Growth, Trends, and Forecasts (2018 - 2023)"
has been added to's offering.

The global artificial organs and bionic implants market is expected to
register a CAGR of 9.5% during the forecast period (2018-2023).

The lack of availability of potential organs to transplant has been a
major issue. The demand for organ donors, is ever increasing and is very
high, when compared to the actual supply. It has been estimated that, of
all the patients who need organ transplantation, only 10% are able to
undergo the process. This has been a major boost for artificial organs
and bionics market, as the patients cannot afford to wait in the queue,
since the stakes are very high. Bionics and artificial organs can cater
to those in need of organ transplantations and replacements. Bionics and
artificial organs, can replicate the function of damaged organs.

The cost of the procedure is a major constraint on the artificial organs
and bionics market. The high cost of these organs is due to the
production policies to address the patients, taxpayers, and medical
technology corporations.

North America holds the largest share in the artificial organ or medical
bionic implant space. Also, the market is emerging due to the rise in
the population, coupled with awareness among the players and the
patients. Growing income levels, increasing healthcare expenditure, and
less competition than mature countries, are the factors that are
responsible for an increase in the interest of market players in
emerging markets.

Companies Mentioned

  • Asahi Kasei Medical Co. Ltd
  • Baxter International Inc.
  • Berlin Heart GmbH
  • Boston Scientific Corporation
  • Cochlear Limited
  • Cyberonics Inc.
  • Edward Lifesciences
  • Ekso Bionics
  • Roche Holding AG
  • Medtronic

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Drivers, Restraints, Opportunities, and Challenges Analysis (Droc)

7. Market Segmentation

8. Competitive Landscape

9. Key Players

10. Future of the Market

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